Mobile home park key due diligence factors?

[Michael J Scanlon]

I’m looking at a 31 unit with double the open land to expand. The deal seems too good to be true so I’m wondering what I should do differently for a mobile home park in terms of due diligence?

Do I calculate my numbers different to a typical buy and hold?

Are there special factors within mobile home parks that I should be aware of that would make it a bad investment?

Thanks!